Tagged: australia

August 30, 2026 @ 5:41 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM) and Shopify (NASDAQ: SHOP) have expanded their long-running collaboration by introducing Shop Pay Installments to Australia, giving local Shopify merchants a new way to offer pay-over-time options at checkout. The product is powered exclusively by Affirm and is accessed through the familiar… Read More

August 25, 2026 @ 1:19 am By Omar Faridi  |  

Stripe has introduced its Treasury product in Australia, offering companies a unified system to handle payments, hold balances, convert currencies, and disburse funds worldwide—all within the Stripe Dashboard. Announced in Sydney, the move aims to simplify the fragmented financial setups many international operators currently have… Read More

August 18, 2026 @ 6:02 pm By Omar Faridi  |  

Australia’s corporate regulator has issued a strong alert about the growing misuse of generative artificial intelligence to construct elaborate webs of fake online content designed to lure people into fraudulent investment schemes. The Australian Securities and Investments Commission (ASIC) reports a sharp increase in scams… Read More

August 12, 2026 @ 10:20 am By Omar Faridi  |  

Australia’s financial intelligence agency has temporarily halted operations of a major cryptocurrency ATM network, citing ongoing failures to meet anti-money laundering and counter-terrorism financing rules. AUSTRAC suspended the registration of Cryptolink Pty Ltd as a Virtual Asset Service Provider for three months, effective from 9… Read More

July 21, 2026 @ 8:24 am By Omar Faridi  |  

Digital banking provider Revolut has taken a significant step forward in its global expansion by officially establishing Revolut Bank Australia. This development follows the granting of an unrestricted Authorised Deposit-taking Institution (ADI) licence by the Australian Prudential Regulation Authority (APRA), representing the company’s first full… Read More

July 3, 2026 @ 3:11 pm By JD Alois  |  

Several years ago the Australian Stock Exchange (ASX) sought out to update its aging CHESS or Clearing House Electronic Subregister System, using blockchain technology. While the thought process may have made sense but the execution was lacking to the point that Australian Securities and Investment… Read More

June 17, 2026 @ 6:11 am By Omar Faridi  |  

A recent study by uBank reveals a significant shift in how Australians aged 18 to 35 perceive financial progress. Traditional markers like home ownership or large investments are taking a backseat to consistent daily money management practices that deliver immediate progress and personal satisfaction. The… Read More

June 5, 2026 @ 1:18 am By Omar Faridi  |  

Westpac has indicated that Australian consumers are now said to be integrating artificial intelligence into their daily lives. This, according to insights from the researchers at Westpac. The most recent data from the bank’s card transactions shows a considerable surge in paid AI subscriptions, signaling… Read More

May 17, 2026 @ 3:29 pm By Michael Wong  |  

Australia’s NEXTDC has opened a $720 million data center in Malaysia, betting on rising demand for AI infrastructure and cloud services in Southeast Asia as governments and companies race to expand digital capacity. The facility, known as KL1 Kuala Lumpur, marks NEXTDC’s first international expansion and comes… Read More

May 11, 2026 @ 9:18 pm By Omar Faridi  |  

Australian authorities are preparing to outline revisions to the capital gains tax (CGT) system as part of the forthcoming federal budget. These adjustments, while often framed around residential property, are expected to extend across a wide range of investment classes—including cryptocurrencies and other digital assets—potentially… Read More

May 2, 2026 @ 12:45 pm By Omar Faridi  |  

Global Fintech Airwallex has introduced an nitiative called Latitude 37 aimed at nurturing Australia’s emerging cohort of artificial intelligence entrepreneurs. Announced on April 30, 2026, from Melbourne, the program seeks to empower young founders in the critical early phases of their ventures by injecting vital… Read More

April 27, 2026 @ 8:33 am By Omar Faridi  |  

Financial authorities from the United Kingdom, Australia, and Canada have joined forces with their international peers for a dedicated “week of action.” The campaign brought together leading oversight bodies to tackle challenges posed by financial influencers—often called finfluencers—who promote investment products and advice on social… Read More

April 24, 2026 @ 12:45 am By Omar Faridi  |  

Regtech firm Entrust has incorporated Australia’s official Document Verification Service (DVS) into its advanced identity verification platform. The development equips businesses across multiple sectors with a streamlined, locally compliant tool to verify customers while combating financial crime. Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) rules… Read More

April 23, 2026 @ 3:12 pm By Omar Faridi  |  

Cboe Global Markets (Cboe: CBOE) has entered into a definitive agreement to divest its Australian and Canadian equities exchanges to TMX Group Limited in a deal valued at $300 million USD. The announcement, made on April 22, 2026, reflects the Chicago-based operator’s ongoing efforts to… Read More

April 20, 2026 @ 8:21 am By Omar Faridi  |  

Sydney-based fintech Hello Clever has entered a strategic alliance with global payments provider Checkout.com to fuel its international expansion and strengthen its innovative “buy-to-earn” model. Announced on 16 April 2026, the partnership equips the AI-driven platform with advanced processing tools that convert everyday transactions into… Read More

April 8, 2026 @ 9:39 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) announced on April 7, 2026 that it had obtained a financial services license from Australia’s authorities via its local business entity. The digital assets exchange stated in its update that it is the first among its competitors to acquire the Australian Financial Services… Read More

March 29, 2026 @ 7:51 pm By Omar Faridi  |  

The Federal Court has ordered Oztures Trading Pty Ltd, operating as Binance Australia Derivatives, to pay a A$10 million civil penalty for widespread failures in classifying clients during a nine-month period in 2022–2023. The company, part of the global Binance Group—the world’s largest cryptocurrency exchange… Read More

March 25, 2026 @ 1:35 am By Omar Faridi  |  

A recent survey shared by Xero reveals strong backing among Australian small business owners for the upcoming Payday Super changes, even as they grapple with significant obstacles to meeting new obligations. The shift to more regular superannuation contributions, slated to commence on July 1, has… Read More

March 16, 2026 @ 1:53 pm By Omar Faridi  |  

As part of a significant step toward bolstering oversight in the digital economy, an Australian Senate committee has endorsed a new legislative proposal aimed at regulating cryptocurrency operations. The measure, known as the Corporations Amendment (Digital Assets Framework) Bill 2025, seeks to impose mandatory licensing… Read More

March 15, 2026 @ 10:19 am By Omar Faridi  |  

TRM Labs indicated that Australia’s digital asset sector is experiencing steady expansion, positioning the nation as a key player in global web3 and blockchain activity. TRM Labs pointed out that recent blockchain intelligence analysis indicates that Australian-linked entities handled around USD 50 billion (AUD 71… Read More